Wework India Management Limited IPO
Launched in 2017, WeWork India Management Limited is India’s leading premium flexible workspace operator and has held the top spot by total revenue for the past three fiscal years, per CBRE. It offers high-quality, flexible workspaces to a diverse clientele—ranging from large enterprises to startups and individuals. The company leases mainly Grade A office spaces from top developers in Tier 1 cities, then designs, builds, and operates them to global standards. As of June 30, 2024, about 93% of its portfolio was in Grade A developments, highlighting its focus on premium infrastructure.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹0.00 Crs |
Wework India Management IPO Objects
- The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Wework India Management IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹0.00 (4,37,53,952 Shares) |
Total Issue₹0.00 (4.38 Cr Shares) |
Face Value₹10 per equity share |
Wework India Management IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Wework India Management IPO GMP
The estimated Grey Market Premium of Wework India Management IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
Wework India Management IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 918.19 | 1,665.14 | 1,314.52 | 784.44 |
| Profit after Tax | 174.13 | -135.84 | -145.86 | -643.00 |
| Net Worth | -259.88 | -437.45 | -292.11 | -154.73 |
| Total Borrowing | 797.50 | 616.91 | 481.12 | 291.97 |
| Total Assets | 5,068.35 | 4,482.76 | 4,414.02 | 3,972.31 |
| NAV per share (in ₹) | -20.53 | -34.55 | -23.07 | -12.22 |
| EPS - Basic (in ₹) | 13.75 | -10.73 | -11.52 | -50.79 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 62.69% |
- All the data pertains to FY 2023-24.
Wework India Management IPO Peer Comparision
.
Wework India Management IPO Peer Comparision
.
Promoter Details
| Name | Shareholding |
|---|---|
| Embassy Buildcon LLP | 76.21% |
Management Details
| Name | Designation |
|---|---|
| Jitendra Virwani | Chairman |
| Karan Virwani | MD & CEO |
| Clifford Lobo | CFO |
Company Details
Name: WeWork India Management Limited
Address: 6th Floor, Prestige Central 36, Infantry Road, Shivaji Nagar, Bengaluru – 560 001, Karnataka, India
Number: +91 88 8456 4500
Email: cswwi@wework.co.in
Website: https://wework.co.in/
Book Running Lead Managers (BRLMs)
Kotak Mahindra Capital
Visit Website
JM Financial
Visit Website
ICICI Securities
Visit Website
Jefferies India
Visit Website
360 ONE WAM Limited
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Wework India Management IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Wework India Management IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 17 Jul 25 and closes on 17 Jul 25.
Wework India Management IPO opens on 17 Jul 25 and closes on 17 Jul 25.
The estimated Grey Market Premium of Wework India Management IPO is ₹0 per share (-).
The minimum lot size of Wework India Management IPO is 0.00 shares & the minimum application amount is Rs. 0.
The allotment date of Wework India Management IPO is 17 Jul 25.
The listing date of Wework India Management IPO is 17 Jul 25.
Wework India Management IPO is subscribed -.
Wework India Management IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Wework India Management IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Wework India Management IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!